Future Fund’s Gary Black said investor focus will center on the EV maker’s guidance and Elon Musk’s commitments rather than first-quarter results. Black posted on X that Tesla’s earnings reaction hinges on updates about the company's affordable vehicle, timing for the Austin autonomous Cybercab launch, and full-year 2025 delivery growth guidance. Musk’s increasing role in Trump’s Department of Government Efficiency has fueled investor concern, triggering protests and showroom vandalism. Analysts warn Wall Street estimates may be outdated.
